The coming year includes an election in November with the Governor, Treasurer, Secretary of State and seats in both the House and the Senate in play. Historically, an "even-numbered year" means that partisan offerings
are toned down - so as not to provide campaign fodder for opponents - but it is too soon to tell if that will be the case in 2014. One certainly hopes so!
While we certainly prefer focusing on supporting measures we believe benefit Colorado, we often find ourselves playing defense, a role we believe is critical to preserve and protect our state's business climate. In advance of the coming session we are hearing of several measures that fall in that category that will require our playing defense.
The first is a multi-pronged proposal from organized labor that makes substantive changes to our current workers' compensation system. Colorado's current system is stable, and the rates are reasonable. In fact, economic development professionals are able to use it as a carrot in their efforts to bring new employers to our state. The draft proposal moves to a "doctor choice" model for injured workers, as well as makes changes in the safety rules guidelines and dictates how employee separation and settlement agreements are crafted. We believe, as drafted, this measure will increase costs, litigation and the amount of time it takes for an injured worker to receive the care they desire and deserve. Conversations will continue with organized labor, legislators and the governor's office around this measure and its likely impacts.
Another area of concern is the reintroduction of legislation focused on slowing or banning the extractive industry. Colorado's oil and gas production is a key driver of our economy, employing thousands of citizens and providing tax revenue for local and state government. We all agree that appropriate guidelines should exist to ensure public safety, but attempts to stop the energy industry from performing its work go a step too far. We will stand with our energy partners to oppose such attempts.
Last, we will be watchful for legislation that impacts our current tort system or modifies the balance between labor and management.
If you have any questions about the measures noted above, or if a specific piece of legislation is of interest or concern, please do not hesitate to contact me at tamra@coloradoconcern.com.
We look forward to seeing you this evening at our Holiday Reception at the Governor's Residence.